Replying to Avatar utxo the webmaster 🧑‍💻

Gm,

Monero down again today
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Jameson Lopp 1y ago

Saddens me as a privacy advocate.

I've seen theories it has an inflation bug but I think the simpler explanation is that people don't value privacy.

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utxo the webmaster 🧑‍💻 1y ago

No KYC, coinjoins, Lightning and ecash, the explanation is Bitcoin is better IMO!!🤠

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goatmeal 1y ago

um sweaty you're not fooling anyone

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utxo the webmaster 🧑‍💻 1y ago

Oh no, a small amount of money I'm about to spend is custodial, it's the end of the world

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goatmeal 1y ago

privacy isn't just for hiding a bag of potato chips

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Saberhagen The Nameless 1y ago

You can use the exact same argument for using Monero as a spending tool if you're scared about it's price

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utxo the webmaster 🧑‍💻 1y ago

I just use lightning, I prefer to not leave any traces on any chains and have to worry about swaps 🐸

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nout 1y ago

I think even simpler explanation is that it's not on exchanges and so people don't crazy ape into it.

Also if you are using it only as a privacy proxy on top of your bitcoin, then you generally don't need to care about the price.